formerly Baer Tax Group
While this grants an additional 6 months to file, tax liability is still due April 15th, 2025. If your tax return has not yet been filed, you may submit an Extension Payment towards your 2024 tax liabilty.
TAI does NOT make tax liablity payments on your behalf. Please use the payment vouchers provided with your tax return.
Thomson Accountants requires receipt of your COMPLETE information 4 weeks prior to any deadline to guarantee on-time filing.
Sub S (1120S) and Partnership (1065): Tax Returns or filing of extension was due March 15, 2025. Tax returns on extension must be filed by September 15th, 2025
Personal (1040) Tax Returns or filing of extension was due April 15, 2025. Tax returns on extension must be filed by October 15th, 2025
Trust and Estate (1041) Tax Returns or filing of extension was due April 15, 2025. Tax returns on extension must be filed by October 15th, 2025
Corporation (1120) Tax Returns or filing of extension was due April 15, 2025, or 4 months after the end of the company’s fiscal year. Tax returns on extension must be filed 6 months from the original IRS filing date.
Final estimated tax payment for 2024 tax year due January 15, 2025.
Standard deductions have increased to $29,200 for married couples
$21,900 for heads of household
$14,600 for single filers
Annual exclusion for gifts increases to $18,000.
Residential clean energy up to 30% of the amount paid for qualifying property. The credit is nonrefundable, so the credit amount you receive can't exceed the amount you owe in tax. More details here
Use these links to track the status of your refund.
